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Friday, December 2, 2022

Nsav Holding Inc (OTC: NSAV) Under Accumulation at $0.01 as Crypto Operator Grows Through Acquistion and Retires 500 Million Shares

Nsav Holding Inc (OTC: NSAV) has formed a solid base at $0.01 and penny stock speculators are once again accumulating looking for another parabolic run on NSAV like it did last summer to $0.1493 highs. The stock has a large international following of investors who will be jumping in once NSAV starts moving northbound off the $0.01. NSAV has a lot of believers as they executive on their ambitious vision of establishing a fully integrated technology company, which provides turnkey technological solutions to the cryptocurrency, blockchain and digital asset industries. Over time, the Company plans to provide a wide range of services such as software solutions, e-commerce, financial services, advisory services and information technology. The Company is led by CEO Yuen Wong. Mr. Wong is also the CEO of LABS Group Limited, the world’s first end to end Blockchain powered real estate investment ecosystem and powered by the LABS ecosystem token through decentralized finance (DeFi) and governance. Mr. Wong is also a Managing Partner at Bitmart Cryptocurrency Exchange. BitMart is a premier global digital asset trading platform with over 2 million users that supports 220 cryptocurrencies and has a 24-hour trading volume of approximately $2 Billion, and ranked among the top crypto exchanges on CoinMarketCap.  

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NSAV has seen massive growth through acquisition and according to the Quarterly Report filed on May 13 the Company currently has $89 million in assets compared to $74 million in liabilities. $68 million of the Company’s assets are the recent acquisition that now make NSAV what it is today. Last year NSAV acquired Swiss Cryptocurrency Trading Platform; VirtuaBroker Ltd., with offices in London and Barcelona.  The Company also acquired a major 25% stake in SBCDF Investment, Inc. that launched the STUX (SBC Token Unix X).  The Company also launched its permissionless fully decentralized exchange (DEX) platform; the NSAVDEX . With NSAVDEX you can Swap, Mining Pool, Liquidity, and trading.  NSAVDEX has 1 second finality and can support up to 10,000 transactions per second (TPS). In April the Company’s stake holding, Metaverse Network LLC. (MNC) acquired the revolutionary WEB 3.0 Crypto Wallet, AWALLET. Net Savings also launched HIVE MULTIMINE, a mobile crypto mining app, developed in partnership with Metaverse Network LLC. (MNC) With HIVE MULTIMINE, users can now mine crypto on their smartphone. NSAV also recently launched the world’s first NFT (Non-Fungible Token) resort project. The Flagship NFT resort, located near the historic and world- renowned tourist and cultural destination of Bali, Indonesia, will be fractionalized into 365 RTS (Rewarding Timeshare)-NFTs.  In  the latest move, management retired 500 million NSAV shares. Management has also finalized an amendment to its Articles of Incorporation, which would prevent NSAV from enacting a reverse stock split for a period of 20 years.

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Nsav Holding Inc (OTC: NSAV) vision is the establishment of a fully integrated technology company that provides turnkey technological solutions to the cryptocurrency, blockchain and digital asset industries. Over time, the Company plans to provide a wide range of services such as software solutions, e-commerce, advisory services, financial services and information technology. The management of NSAV and its partners are pioneers in the Digital Asset and Blockchain industry. The team is led by NSAV Director, Mr. Yuen Wong. Mr. Wong is also the CEO of LABS Group Limited https://labsgroup.io, the world’s first end to end Blockchain powered real estate investment ecosystem and powered by the LABS ecosystem token through decentralized finance (DeFi) and governance. Mr. Wong is also a Managing Partner at Bitmart Cryptocurrency Exchange  https://www.bitmart.com. BitMart is a premier global digital asset trading platform with over 2 million users worldwide and ranked among the top crypto exchanges on CoinMarketCap. Bitmart’s platform supports over 220 cryptocurrencies and has a 24 hour trading volume of approximately $2 Billion.” 

NSAV first acquisition in the crypto space was VirtuaBroker Ltd, a Swiss Cryptocurrency Trading Platform with offices in London and Barcelona. VirtuaBroker, whose platform is based on Artificial Intelligence (AI), offers a full range of trading services, such as portfolio management, price search function, and much more. Their platform supports nearly all the major cryptocurrency exchanges, including Coinbase ($2 billion Revenue in 2019), Binance ($4.2 billion Crypto Assets), Bitfinex ($404 million Net Profits in 2018) and Kraken ($1.25 billion estimated Annual Revenues). With the recent announcements of Tesla and Mastercard joining the Crypto revolution, the management of NSAV believes that this will be a major step in fulfilling the Company’s ambition of being a leading player in the over $200 billion annual cryptocurrency market. The Company plans to Roll Out the Global Launch of VirtuaBroker at the end of March. Terms of the deal were not disclosed. VirtuaBroker’s AI Cryptocurrency Trading Platform is your 24/7 account manager. Customers will save time and be provided with an optimal trading experience. The AI Platform allows users to optimize the trades that they require according to their selected objectives and allows them to make decisions based on market sentiment data. VirtuaBroker’s security policy is its pillar and is based on a five-tiered security stack, including Fraud Protection, Privacy Protection, Encryption and Network Defenses, VirtuaBroker Security ID and Security Alerts. 

NSAV also acquired a major 25% stake in SBCDF Investment, Inc. which will soon launch its STUX (SBC Token Unix X). The STUX token will be marketed via all the major social channels such as, Reddit, Discord, Telegram, Twitter and Medium. To complete the transaction, NSAV will issue 500 million restricted Preferred B shares, which are valued at an estimated $15 million. NSAV retains the option to purchase an additional 25% under the same terms. SBC Financial Group, Inc. will structure the transaction and advise on the token launch and strategy related to how the token will drive the NSAV ecosystem.  

The Company launched and then completed a major upgrade to its Centralized Cryptocurrency Exchange (CEX), the NSAVCEX https://ex.nsavexchange.com/main. This move further cements NSAV’s position in the $14 trillion global centralized cryptocurrency market. Centralized crypto exchanges reported more than $14 trillion in trading volume in 2021, according to The Block Research. That figure is a massive 689% increase compared to 2020 trading volumes, based on data as of December 24, 2021. In 2020, centralized crypto exchanges facilitated just over $1.8 trillion in trading volumes. The Company also runs the NSAVDEX 1 Exchange accessed at https://nsavdex.org/#/home and the NSAVDEX 2 Exchange accessed at https://nsavdex.io/ 

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NSAV

In April the Company’s stake holding, Metaverse Network LLC. (MNC) acquired the revolutionary WEB 3.0 Crypto Wallet, AWALLET. In 2021, investments into Web3 startups topped $23.7 billion, according to startup market intelligence firm Pitchbook. The Company will Kick Off the new NSAV Zenith Shareholder Loyalty Program by rewarding all NSAV shareholders with ACOIN Tokens. ACOIN is the Native Token of AWALLET. ACOIN is the only DEX wallet coin of “AWALLET Next Level”. ACOIN, unlike other crypto, does not represent a single particular project. With most crypto, if the project fails, the coin’s value plummets and ultimately fails The Awallet WEB3 Wallet platform has the capability to allow blockchain users to manage more than 100 different cryptocurrencies from their mobile device securely and efficiently.  

Net Savings launched HIVE MULTIMINE, a mobile crypto mining app, developed in partnership with Metaverse Network LLC. (MNC) With HIVE MULTIMINE, users can now mine crypto on their smartphone, without the need for a traditional mining device. The HIVE MULTIMINE App is now available to download in the Apple Store and on Google Play. By virtue of this latest acquisition, HIVE MULTIMINE is now a wholly-owned subsidiary of HIVE Strategy LLC., a 50/50 partnership between NSAV and MNC. The HIVE Strategy e-commerce website is currently under development and is expected to be completed in the coming weeks. In May the Company launched HIVE MULTIMINE to the general public. The HIVE MULTIMINE App is now available to download in the Apple Store and on Google Play. 

Earlier this month the Company reported the listing of the Ryoma Finance Token X https://www.ryoma.finance/ on the Company’s NSAVDEX Decentralized Cryptocurrency Exchange https://nsavdex.io/. The Ryoma Token X marks the second major token listing on the NSAVDEX in the past week, following the UNCHARTED TOKEN (UNC) which listed on April 28. This was followed by the listing of the XXVR Token on https://nsavdex.io/. XXVR is the first racing game token on Binance Smart Chain NSAV management believes that with each token listing, the value of the NSAVDEX and the NSAV ECOsystem increases substantially.  

On May 19, NSAV announced its co-majority shareholder, TG Private Equity Inc. (TG), has retired 500 million shares of Series B Preferred Stock that it owned, which is the equivalent of 500 million shares of common stock. The market value of these shares based on yesterday’s closing price is $4,750,000 (USD). The share cancellation was completed by the company’s transfer agent, Pacific Stock Transfer. SAV and TG enacted this major share retirement in order to have additional shares available for acquisitions, which management believes will enhance shareholder value and keep dilution to a minimum. NSAV has not issued a single share of common stock in 2022. 

NSAV’s strategy is to use its Series B Preferred Stock to make acquisitions and pay salaries. The Series B Preferred Stock is restricted and cannot be sold into the public market or affect the public float for a minimum of two (2) years and therefore, will not dilute the public float or negatively affect the share price during that period. NSAV did recently increase the authorized shares (A/S) for its common stock but has not issued a single share.  Since NSAV changed its business direction and new management took over in early 2021, no officer, director, employee, partner or any other person or entity, has converted its Series B Preferred Stock to Common Stock and therefore did not and could not sell a single share to the public market.  

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Currently trading at a $56 million market valuation NSAV has been on a steady decline from $0.1493 highs in early 2021 and is currently under accumulation since forming a new base at the $0.01 mark. Like any penny stock NSAV is a lottery ticket and there are plenty of risks involved. Considering this stocks past performance, its current price levels and a large shareholder base who is looking to jump back in as soon as a bottom is established and the stock reverses northbound. The Company has an ambitious vision of establishing a fully integrated technology company, which provides turnkey technological solutions to the cryptocurrency, blockchain and digital asset industries. Over time, the Company plans to provide a wide range of services such as software solutions, e-commerce, financial services, advisory services and information technology. In the Crypto Space, NSAV has made numerous acquisitions swelling its assets to $89 million according to the Company’s most recent quarterly report. NSAV is led by CEO Yuen Wong. Mr. Wong is also the CEO of LABS Group Limited, the world’s first end to end Blockchain powered real estate investment ecosystem and powered by the LABS ecosystem token through decentralized finance (DeFi) and governance. Mr. Wong is also a Managing Partner at Bitmart Cryptocurrency Exchange. BitMart is a premier global digital asset trading platform with over 2 million users that supports 220 cryptocurrencies and has a 24-hour trading volume of approximately $2 Billion, and ranked among the top crypto exchanges on CoinMarketCap. NSAV has a mammoth shareholder base; ready liquidity and a long history of breakout moves. We will be updating on NSAV when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with NSAV.

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Disclosure: we hold no position in NSAV either long or short and we have not been compensated for this article.

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